Blog - Page 943 of 1215

CardFlight Launches Offline Payment Processing Solution

By Julie Muhn (@julieschicktanz) Posted on May 14, 2013
Categories: CardFlight, FinovateSpring 2013

This is a part of our live coverage of FinovateSpring 2013.

Next, CardFlight took the stage to launch its payment processing solution:

“We bring the same developer‐friendly, transparent approach to payment processing as Stripe and Braintree. However, we focus on the ~90% of payment transactions that happen offline.

Unlike other mobile payment services, we offer a very simple and secure SDK/API and work with the developer’s existing merchant account. Developers retain full control of their integrated app experience. They simply use our encrypted mobile mag stripe reader and API so that they can safely and securely accept payments in their apps.”

Product Launch: May 2013

HQ: New York, NY

Founded: February 2013

Website: GetCardFlight.com

Twitter: @CardFlight

Presenting Derek Webster (CEO & Founder) and Tim Saunders (CTO)

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Jemstep’s Portfolio Manager Helps Users Plan and Save for Retirement

By Julie Muhn (@julieschicktanz) Posted on May 14, 2013
Categories: FinovateSpring 2013, Jemstep

This is a part of our live coverage of FinovateSpring 2013.

Then, Jemstep showcased its Portfolio Manager platform that individualizes a plan to help users take the right actions to best save for retirement:

“Jemstep Portfolio Manager is an easy-to-use online service that helps people lock in more money for retirement. It gets to know each person’s financial circumstances and preferences, and, in minutes:

Projects the amount of money their current portfolio will give them to spend in retirement

Recommends a target portfolio optimized to generate more money

Spells out an Action Plan detailing what to buy and sell in each of their accounts (including their 401k), helping them minimize taxes, reduce fund fees, and select top-quality investments

Keeps people on track with continuous monitoring that watches for changes in their profile, portfolio, and the market and alerts them when it’s time to make a change”

Product Launch: January 30, 2013

HQ: Los Altos, CA

Founded: January 2008

Metrics: $10.5M raised in private funding; 22 employees; 10,000+ users totaling more than $1.5B in assets; pre-revenue; impending launch of subscription service – flat monthly subscription fee

Website: jemstep.com

Twitter: @jemstep

Presenting Kevin Cimring (Joint CEO) and Matthew Rennie (CTO)

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Braintree’s Venmo Touch Saves Time Spent Entering Credit Card Information on Mobile Devices

By Julie Muhn (@julieschicktanz) Posted on May 14, 2013
Categories: Braintree, FinovateSpring 2013

This is a part of our live coverage of FinovateSpring 2013.

Next, Braintree showcased how its Venmo Touch saves consumers time:

“Venmo Touch eliminates the need to constantly re-type your credit card information when making purchases on your mobile device. It provides a connective layer across all the apps on your phone, designed to make every payment in a new app as easy as buying a song in iTunes.

The next time you enter your card details in one of the apps in our network, just check “Save card with Venmo.” When you use other in-network apps on the same device, you will see the option to use the saved card to pay with just a single touch.”

Product Launch: January 2013

HQ: Chicago, IL

Founded: 2007

Metrics: Braintree has raised $70M through a series A from Accel Partners and a series B led by NEA (New Enterprise Associates) with contributions from Accel, RRE Venture, and Greycroft. We process $6B in transaction annually, $2B of which is on mobile, from over 4,000 different merchants. All of this is powered by a team of only 120-150 employees.

Website: braintreepayments.com

Twitter: @braintree

Presenting Andrew Kortina (Co-Founder, Venmo)

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Trusted Knight Debuts its Malware-Blocking Anti-Crime Software, Protector

By Julie Muhn (@julieschicktanz) Posted on May 14, 2013
Categories: FinovateSpring 2013, Trusted Knight

This is a part of our live coverage of FinovateSpring 2013.

Then, Trusted Knight demonstrated how its Protector anti-crime software blocks malware:

“Protector is designed to be quickly deployed to the large and diverse customer bases of businesses and financial institutions to immediately reduce fraud losses. Protector is extremely lightweight and can be easily integrated into existing security products. There is no minimally-required hardware configuration, no customer configuration or interaction necessary, and installation causes no stability issues or conflicts with other resident software.

Rather than attempting to detect malware (a nearly impossible task), Protector simply blocks malware functioning to prevent criminals from getting the data they need to commit crimes. Protector achieves a remarkable 70+% install rate on a customer “opt-in” basis.”

Product Launch: April 2013

HQ: Annapolis, MD

Founded: February 2010

Website: trustedknight.com

Presenting Joseph Patanella (CEO) and Trevor Reschke (CTO)

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MoneyDesktop Reveals New Data Analytics Marketing Platform

By Julie Muhn (@julieschicktanz) Posted on May 14, 2013
Categories: FinovateSpring 2013, MoneyDesktop

This is a part of our live coverage of FinovateSpring 2013.

Next, MoneyDesktop took the stage to unveil two products in its new marketing platform:

“Along with their industry leading PFM, MoneyDesktop has developed, and will be revealing, its powerful back-end data analytics and marketing platform. Comprised of two products, Insight and Target, the new platform equips financial service organizations with easy-to-consume user insights that can effortlessly be transformed into targeted marketing campaigns — leading to higher conversion rates, greater wallet share and increased loan volume.

Insight leverages aggregated PFM user data to create customizable marketing segments based on users’ growth, demographics, accounts, spending, interest rates on competing financial products and more.

Target turns insight into action by enabling financial institutions to continually create and send targeted marketing content and product offerings that are hyper relevant to their user base. Together – Insight and Target provide financial institutions a groundbreaking new way to market and drive adoption of their most valuable account types.”

Product Launch: June 2013

HQ: Provo, UT

Founded: March 2010

Metrics: Triple digit growth over the past 3 years, 27 Online Banking/Core/Payment Network Partners, 400+ FI Clients, 90+ Employees

Website: moneydesktop.com

Twitter: @MoneyDesktop

Presenting Ryan Caldwell (CEO & Founder) and Matt West (VP Sales)

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Escardgot Launches the Helix SCard and SCard-Go Mobile App

By David Penn Posted on May 14, 2013
Categories: Escardgot, FinovateSpring 2013

This post is part of our live coverage of FinovateSpring 2013.

Representatives of Escardgot are coming to the stage now. The company’s technology makes it easier for cardholders to use the right card for the right transaction.

“The patented Helix SCard, combined with the SCard-GO mobile app, allows a consumer to reduce their wallet-full-of-cards down to a single, secure card. The innovative technology inside the Helix SCard allows it to become any magnetic stripe card – for example, a credit or debit card.

In addition to selecting different cards, SCard-GO mobile app allows a consumer to make transactions, review transactions, and receive electronic offers from merchants. The Helix SCard works with existing POS technology and does not require a hardware upgrade like NFC does. And because it does not require a transaction fee, it is transparent to the credit industry, unlike Square. It is also transparent for the end consumer, as the Helix SCard has the same form factor, appearance, and behavior as a standard credit card.”

Product Launched: May 2013

HQ Location: Sacramento, California

Company Founded: October 2011

Metrics: 3 founders and 5 part-time employees

Website: escardgot.com

Twitter: @Escardgot

Presenting Tom Humphrey (COO) and Garrett Unglaub (Director, Marketing)

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Expensify Launches Solution to Turn Expense Reports into Invoices

By Julie Muhn (@julieschicktanz) Posted on May 14, 2013
Categories: Expensify, FinovateSpring 2013

This is a part of our live coverage of FinovateSpring 2013.

First up in today’s final session, Expensify showcased its new solution that turns expense reports into invoices:

“Announcing Expensify Invoices! Now it’s possible to transform expense reports into invoices and send directly to clients. Upload your company logo to create branded invoices. Combine multiple expense reports into a coherent branded invoice to email to your client with custom payment terms. Your clients can even pay their invoice directly through Expensify with ACH Direct Deposit or PayPal.

Your favorite expense management software just got better! Take the paper, time, and headaches out of invoicing with Expensify Invoices.”

Product Launch: May 2013

HQ: San Francisco, CA

Founded: May 2008

Metrics: $6.7M raised to date, 200,000 companies, 1.4M users, 30 employees

Website: expensify.com

Twitter: @expensify

David Barrett (CEO & Founder) and Ryan Schaffer (Marketing Manager)

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GreenDot Introduces GoBank, the Mobile-Optimized Bank

By David Penn Posted on May 14, 2013
Categories: FinovateSpring 2013, Green Dot

This post is part of our live coverage of FinovateSpring 2013.

One of the biggest names in prepaid cards, GreenDot is here to present their latest innovation: GoBank.

“GoBank is a brand of Green Dot Bank, Member FDIC. GoBank is the first bank account designed from scratch to be opened and used on a mobile device. With GoBank, members have full access and control of their money from their iPhone, iPod Touch, or Android device, have no overdraft fees or minimum balance requirements, and can withdraw cash from more than 42,000 fee-free ATMs in the U.S.”

Product Launched: 2013: beta in January; general availability in June

HQ Location: Pasadena, California

Company Founded: Green Dot, 1999; GoBank 2013

Metrics: More than 590 team members; more than 4 million active prepaid cardholders

Website: gobank.com

Twitter: @gobank

Presenting Steve Streit (CEO & Chairman) and Alok Deshpande (VP Product Development)

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Realty Mogul Launches Crowd-Funding Platform for Real Estate Investing

By David Penn Posted on May 14, 2013
Categories: FinovateSpring 2013, Realty Mogul

This post is part of our live coverage of FinovateSpring 2013.

Just in time for the recovering real estate market, here’s Realty Mogul. The company helps bring investment capital to a variety of commercial and multi-dwelling residential real estate projects.

“Realty Mogul is a marketplace for investors to pool money online and buy shares of pre-vetted investment properties like apartment buildings, office buildings, and retail centers; it’s crowd-funding for real estate.

Realty Mogul is demoing the full transaction life cycle of an investment, from account creation through electronic documentation to funding via ACH. We are also demoing what it looks like to be an active investor and how to monitor investments via a dashboard.”

Product Launched: March 2013

HQ Location: Los Angeles, California

Company Founded: May 2012

Metrics: $500,000 capital raised in seed round; 4 FTEs; pre-revenue

Website: realtymogul.com

Twitter: @Realty_mogul

Presenting Jillene Helman (CEO)

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Better ATM Services Bridges the Gap Between ATMs and Prepaid Cards

By David Penn Posted on May 14, 2013
Categories: Better ATM Services, FinovateSpring 2013

This post is part of our live coverage of FinovateSpring 2013.

From Mesa, Arizona, the Better ATM Services team is here to present their ATM-dispensed, prepaid VISA gift card technology.

“Better ATM Services has bridged the gap between ATMs and prepaid cards. Better ATM Services worked with major credit card payment networks to develop thinner, yet durable 3-panel cards that can roll through ATM cash mechanisms, yet function like normal payment cards at point-of-sale terminals. We also worked with major ATM manufacturers to develop very minor modifications that allow existing ATMs to select, load, activate, and dispense these new cards. This new card design is now approved for use by financial institutions throughout the U.S., and international approvals are underway. Financial institutions can now automate their prepaid programs through their existing ATM fleets.”

Product Launched: January 2012

HQ Location: Mesa, Arizona

Company Founded: 2006

Metrics: Privately held; 8 employees

Website: betteratmservices.com

Presenting Todd Nuttall (CEO)

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TSYS, People-Centered Payments and Spend Controls for Consumers

By David Penn Posted on May 14, 2013
Categories: FinovateSpring 2013, TSYS

This is part of our live coverage of FinovateSpring 2013.

Next to the stage is TSYS, presenting their consumer spending controls solution.

“TSYS Spend Controls for Consumers provides convenience, control, and peace of mind with the power to turn the consumer’s browser or connected device into a 21st century financial control center. They can remotely control how, when, and where their money gets used, and most importantly by whom. The payee will be sent easy to understand, plain category exclusions and restrictions that will reduce risks for both the card issuer and the consumer by monitoring transactions in real-time and enforcing responsible spending at the point of sale. This allows everyone to avoid costs and aggravation associated with misuse and fraud, results in higher payments automation, helps businesses grow volumes by increased efficiencies and furthers card adoption.”

Product Launched: 2012

HQ Location: Columbus, Georgia

Company Founded: August 1983

Metrics: $1.8 billion in annual revenue; 8,000+ employees worldwide

Website: tsys.com

Twitter: @TSYS_TSS

Presenting Paul Bridgewater (SVP Global Product and Innovation) and Frank Braski (Enterprise Architect)

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Moven Debuts Money Pulse to Help Users Manage Day-to-Day Finances

By Julie Muhn (@julieschicktanz) Posted on May 14, 2013
Categories: FinovateSpring 2013, Moven

This is a part of our live coverage of FinovateSpring 2013.

Afterwards, Moven showcased its financial tools, Spend, Save, Live:

“Moven is demonstrating their mobile banking experience along with how our Spend, Save, Live tools will help consumers manage and improve their financial health. The demo will include features of the day-to-day mobile banking experience and the online platform.”

Product Launch: February (Beta) 2013

HQ: New York, NY

Founded: March 2011

Metrics: Moven has raised more than $2.5M in seed funding, has 20 employees and 10,000+ registered users.

Website: moven.com

Twitter: @getMoven

Presenting Alexander Sion (President & Managing Director) and Julianna Young (Director, Marketing & Customer Behavior)

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